Form 4: Danaher Corp Director Teri List Reports Acquisition of Phantom Shares

Director Teri List reports the acquisition of phantom shares in Danaher Corp through a deferred compensation plan.

Summary

• On April 25, 2025, Teri List, a director of Danaher Corp, acquired 12.331 phantom shares of the company's common stock through the Non-Employee Directors Deferred Compensation Plan.
• These phantom shares were acquired at a price of $197.14 per share, reflecting the closing price of Danaher's common stock on the NYSE on the transaction date.
• Following the transaction, Ms. List beneficially owns 7,608.821 phantom shares.
• The phantom shares convert into shares of Danaher common stock on a one-for-one basis upon distribution, and Ms. List is fully vested in all amounts deferred under the Plan.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing indicating routine director compensation. It doesn't contain overtly positive or negative information, but the continued investment by a director is generally viewed as a positive sign.

Positives

• The acquisition of phantom shares reflects Teri List's continued investment in Danaher Corp.
• The deferred compensation plan allows directors to align their interests with the long-term performance of the company.

Future Outlook

The document does not contain specific forward-looking statements regarding Danaher's future performance.

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies. It reflects standard practices for incentivizing and aligning the interests of board members with shareholder value.

Comparison to Industry Standards

• Deferred compensation plans for directors are common among large, publicly traded companies like Danaher.
• Companies such as Siemens, Roche, and Abbott also utilize similar compensation structures to attract and retain qualified board members.
• The specifics of these plans, such as the vesting schedules and conversion rates, can vary, but the underlying principle of aligning director compensation with company performance remains consistent.

Stakeholder Impact

• The acquisition of phantom shares by a director can positively influence shareholder confidence by aligning director interests with company performance.

Key Dates

Keywords

Danaher Corp, Teri List, phantom shares, director, deferred compensation, Form 4, acquisition, DHR